South Korea formally assumes IGU's presidencyAssumption of presidency marks the beginning of largest gas industry event

Scorpio Tankers in fourth sale-and-leaseback dealFour product tankers will be leasedback under a bareboat charter for seven years, with future purchase options

It is Seafarers' Day, it is investment dayA hi-tech ship with a substandard crew is likely to carry more risk than a standard ship with a top-notch...

Temile enters LPG shipping on NLNG charterOffshore player believes the deal will prompt more Nigerian interest in liquefied petroleum gas

ICS calls for EU states to avoid deaths at sea following Italy's latest migrant snubShipowners' group calls on European states to develop a long-term co-ordinated strategy that addresses migration by sea

US to develop first hydrogen-powered ferryCalifornia Air Resources Board issues $3m grant for first US-produced hydrogen ferry

SevenSeas Investment Fund teams with Esteve familyGeneva-based Banque Heritage to place shares of Tsirigakis-led investment fund with its clients

VIDEO: two ships scuttled off FloridaCargoship caught in drugs bust and tug become artificial reefs.

OSM unveils seafarer mental health schemeOSM has launched a campaign to improve the mental health of its 11,000 crew members. Launched on the Day of the Seafarer the scheme will run across the more than 500 ships under the company's management. Geir Sekkesaeter, chief executive of OSM, said: "This is a global issue and should be a matter of utmost concern for our industry. "Being on-board vessels for long periods of time, separated fr

Pacific Basin Shipping nets $325m refinancingFresh debt covers more than 50 vessels and introduces four new banks to the company.

WFS brings in Rix Shipping bunker tankerSupplier preparing for 2020 with new ship at Falmouth, UK.

Maersk boxship rescues 113 migrantsDanish vessel comes to the aid of distressed group off southern Italy.

Vard inks in $616m Norwegian coastguard dealFincantieri-controlled Vard has finalized a NOK 5bn ($616m) contract with Norway for three coastguard vessels. Vard won the tender for the vessels last year and the Norwegian Parliament signed off on the ships earlier this month, allowing negotiations to be concluded. The 136-meter-long ships, for search-and-rescue operations, surveillance, and oil recovery, have been designed to work in harsh e

Icon Capital sale shows firming bulker valuesSupramax ships sold with assistance of US owner fetch $23m as a pair.